There could be three pumps in total by the whales. The second pump has just finished and the price is now falling to $5000. If the bottom line support holds, expect another pump by the whales taking Bitcoin back to around $9000 once more until it finally collapses. Just my take.
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Bitcoin appears to be trending lower to a few thousand dollars as predicted.
@sarwar26, I see in this chart the difficultly of the price of bitcoin going higher than the upper downward facing trendline. As a result there arent many places it can go other than down. The bitcoin market is also a fraud with whales painting the tape in order to manipulate the price higher to enable them to sell. Like all scams those must come to an end. Lastly as it becomes too difficult to mine for bitcoin miners will eventually just give up as the electricity usage and resulting cost will no longer be worth it. In that case mining will cease and there will be no validation of the blockchain. Crypto has a future but I dont think Bitcoin does.